Bosch’s incubator programme DNA Nxt invites applications from tech startups to boost innovation

Date:March 16, 2024

Bosch’s incubator programme DNA Nxt invites applications from tech startups to boost innovation

  • Bosch’s startup incubator DNA Nxt launches 6th Edition with a 16-week program
  • The program will enable new-age tech startups to leverage Bosch’s technologies and platforms to drive innovations and new technologies
  • DNA Nxt aims to support the Indian startup ecosystem by providing resources, infrastructure, and access to potential investors and customers

Bangalore, June 06, 2022: Bosch Global Software Technologies (BGSW), formerly known as Robert Bosch Engineering and Business Solutions (RBEI), today announced the commencement of the 6th edition of its flagship startup alliance program Bosch DNA (Discover, Nurture, Align) Nxt. The theme for the startup accelerator program in 2022 is Future Readiness. This year, Bosch is accepting applications from startups focusing on new-age technologies while emphasizing the importance of sustainability and sustainable business practices and on building ‘Fit for Future’ technology products and services from June 6, 2022.

In collaboration with Startup India, the 12-week program will offer mentorship programs and opportunities for startups to closely collaborate with the Bosch business units to build proof-of-concepts for break through technology and business innovations. 15-20 startups will be shortlisted based on startup fitment with the requirements, solution maturity, technology capabilities. Bosch will partner with these selected startups to work on novel technologies in areas of interest to the company. The program is designed to establish business model innovation programs for startups, encourage software innovations and explore new GTM opportunities with clients globally.

“The rapid adoption of digital transformation has led to an increase in technology-driven innovations and development of new business models that are enabled by new technological capabilities. At Bosch, the main objective of the DNA Nxt Startup Alliance Initiative is to encourage digital innovation and partner with startups and industry experts to create high business impact and drive the company’s innovation culture. The established outcome from startup engagements is Co-creation, Go-to-market opportunities, or strategic investment. We are excited to see how we can collaborate with deep tech startups to quickly jump-start our foray in new tech areas and wok with the startups in an agile manner, said Hemanth Sheelvant, Program Director DNA Nxt Startup Alliance Program.

About BGSW: Bosch Global Software Technologies Pvt Ltd, BGSW (formerly known as Robert Bosch Engineering and Business Solutions) is a 100% owned subsidiary of Robert Bosch GmbH, one of the world’s leading global suppliers of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 23,000 associates, it’s the largest software development center of Bosch, outside Germany, indicating that it’s the Technology Powerhouse of Bosch in India with a global footprint and presence in US, Europe and the Asia Pacific region. With our unique ability to offer end-to-end solutions that connect sensors, software, and services, we enable businesses to move from the traditional to digital or improve businesses by introducing a digital element in their products and processes.

About Bosch in India: In India, Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions. The Bosch Group operates in India through twelve companies: Bosch Limited – the flagship company of the Bosch Group in India – Bosch Chassis Systems India Private Limited, Bosch Rexroth (India) Private Limited, Bosch Global Software Technologies, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Limited, Robert Bosch Automotive Steering Private Limited, Automobility Services and Solutions Private Limited, Newtech Filter India Private Limited and Mivin Engg. Technologies Private Limited. In India, Bosch set up its manufacturing operations in 1951, which has grown over the years to include 16 manufacturing sites, and seven development and application centers. The Bosch Group in India employs over 31,500 associates and generated consolidated sales of about ₨.19,996 crores* (2.54 billion euros) in fiscal year 2020 of which ₨. 14,011 crores*(1.78 billion euros) are from consolidated sales to third parties. The Bosch Group in India has close to 15,650 research and development associates.

The Bosch Group is a leading global supplier of technology and services. It employs roughly 402,600 associates worldwide (as of December 31, 2021). The company generated sales of 78.7 billion euros in 2021. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 128 locations across the globe, Bosch employs some 76,100 associates in research and development, of which more than 38,000 are software engineers.

The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and by a corporation owned by the Bosch family. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust.

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